 Does volatility in natural resources commodity prices and economic performance matter for RCEP economies?Li Liu and Deng Yu Resources Policy, 2023, vol. 80, issue C Abstract: Recently, volatility in the prices of natural resources has become an international issue that needs researchers’ attention. Thus, the current research investigates the impact of economic growth in the RCEP countries on the volatility of natural resource rents. The research paper has focused on eight countries of this region, including Brunei, Cambodia, Laos, Singapore, Thailand, Vietnam, China, and Japan, using data from 1981 to 2020 and employing the autoregressive distributed lag (ARDL) cointegration approach. The researcher has found that economic growth impacts both the natural resources and their volatility. This study found strong evidence for the positive and statistical relationship between these two variables in Cambodia, China, Japan, Singapore, and Thailand. However, the researcher did not find significant relationships in the context of Brunei, Laos, and Vietnam. This study provides implications for policymakers and practitioners to modify the policies for natural resource rents. Furthermore, countries with an insignificant impact of economic growth on natural resource rents should be scrutinized to understand the positive points in their policies. Keywords: Natural resource rents; Economic growth; ARDL Modeling; RCEP (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:80:y:2023:i:c:s0301420722006663 DOI: 10.1016/j.resourpol.2022.103223 Access Statistics for this article Resources Policy is currently edited by R. G. Eggert More articles in Resources Policy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.